A NEW £100m fund has been launched to finance urban development in the North West.

The European Regional Development Fund has put £50m into the scheme, a figure matched by the Northwest Regional Development (NWDA) agency. It will be managed by the European Investment Bank.

Called the Northwest Urban Investment Fund, it will provide debt, equity and guarantee investment. The NWDA said this will help support sustainable development in the region's urban areas.

It hopes to make a return on its investm......for the full story register now for free or login below...